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Heifer prices softer in smaller 12,416 head AuctionsPlus offering

Amongst bigger strains this week, this run of 140 weaned Angus heifers 268kg at 8-11 months from Goondiwindi, southern Queensland, made $800, or 299c/kg.

NUMBERS provided fell considerably for the ultimate on-line gross sales of the 2023-24 monetary yr, lowering by 26 % on the earlier week to 12,416 head.

Regardless of a tighter provide pool, heifer costs softened, whereas clearance improved barely on the earlier week to 56pc.

The weaner steer to heifer hole has widened additional prior to now week, with steers offered on-line outperforming their heifer counterparts by 17pc, which is 5pc above the one-month common of 12pc, though barely beneath the yearly common of 18.84pc. Feeder steers are trailing weaner steers by 26c/kg.

Processor/lotfeeder exercise was subdued final week, with 3.39pc of the offered providing being secured by processors or lotfeeders. Consumers have been notably concerned with steers 280-330kg and 330-400kg, whereas some bidding motion was seen throughout some cow classes.

Listings fell from all states, with the most important drops in SA, down 68pc to a skinny 187 head, and Tasmania, the place listings have been down 47pc to 129 head provided. NSW was the supply of the most important chunk of cattle, with the 6021 head down 28pc from final week.

Costs have been stronger for many steer classes. Clearance charges have been diversified, primarily pushed by provide, with the extra closely populated midweight steer classes seeing clearance vary from 64pc to 77pc.

A small providing of weaner steers lower than 200kg attracted good purchaser curiosity, however misplaced 12c/kg on final week to common 429c.

Steers 200-280kg attracted 2148 entries, averaging 385c/kg, up 14c on final week, with a 69pc clearance.

Steers 280-330kg registered a smaller providing with 1377 head, down 39pc from final week, whereas costs lifted by 13c to common 382c, producing a 77pc clearance. From Guyra, NSW, 71 Angus steers 10-11 months averaging 311kg returned $1300/head, or 418c/kg, and can journey to a purchaser close to Tenterfield, NSW.

Steers 330-400kg rose 4c this week to average378c. Provide was a lot tighter this week, with 781 head provided, down 53pc from final week, and the class reaching a 64pc clearance. From Niangala, NSW, 40 Angus steers 10-11 months averaging 386kg returned 404c/kg, and can journey to a purchaser in Southern Queensland.

Heifers

Heifer provide fell throughout all classes this week, particularly for heifers lower than 200kg, which registered a 59pc discount in numbers. The smaller provide did little to raise competitors, with costs falling for all classes on a $/head foundation, and all however one on a c/kg foundation. Clearance charges have been diversified, with a big unfold from 14pc to 62pc throughout classes. Demand elevated with weight, with the lightest classes experiencing the weakest competitors and the heavier finish of the market registering increased clearance charges.

Heifers 200-280kg was the one class to report a value rise this week, with the class averaging 285c/kg, growing 2c on final week. Provide fell by 22pc to 1823 head, and competitors was subdued with a 48pc clearance. From Glen Innes, NSW, 28 Angus heifers 7-9 months averaging 261kg returned 330c/kg, and can stay native.

Heifers 330-400kg registered a smaller providing of 317 head, with costs falling 9c to common 298c. Clearance for the class was the strongest throughout all heifer classes, with a 63pc clearance achieved. From Stony Creek, VIC, 25 Angus heifers 16-18 months averaging 387kg returned $1380, or 357c/kg.

Amongst bigger strains this week, a run of 140 weaned Angus heifers 268kg at 8-11 months from Goondiwindi, southern Queensland, made $800, or 299c/kg.

Breeding females

Breeding inventory classes primarily fell in worth, with 4 classes falling and two rising. Clearances have been very diversified, starting from a low of 7pc to a excessive of 96pc. PTIC heifers was one of many classes to report a value rise, with 612 head registering a $306 rise to common $1643. From Morven, NSW, 23 Angus heifers 22-23 months averaging 479kg returned $2100/head.

PTIC cows noticed 795 head listed, falling a median of $166 a head on final week, to common $1394. An providing of 655 station-mated cows attracted little curiosity, clearing solely 21pc and averaging $1102 lower than final week at $1367.

Costs as at 2pm Friday, 28 June.

 

 

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